In the previous post, after reaching the first target and not being able to break the resistance, it is being corrected. As you can see in the chart, it entered a downward trend by making lower ceilings and floors, which can continue until the origin of its movement. . Therefore, if you return to the specified area, you can enter a sell position.
Note
The currency could not reach the entry point and corrected to the neck line in the pullback
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.